01-August-2026
Economy News
 
US economy expands 1.5% in Q2, misses forecasts despite spending rebound
31-Jul-2026

The US economy expanded at a slower-than-expected annualised pace of 1.5% in the April-June quarter, as a widening trade deficit weighed on growth despite strong consumer spending and continued investment in artificial intelligence-related infrastructure, according to data released by the Commerce Department on Thursday.

News Source:- https://economictimes.indiatimes.com/news/international/global-trends/us-economy-expands-1-5-in-q2-misses-forecasts-despite-spending-rebound/articleshow/132741697.cms
 
 
 

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